TCMS - Transcoastal Marine Message Board

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Non-Tech : TCMS - Transcoastal Marine

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To: Area51 who wrote (200)	3/28/2000 12:04:00 PM
From: The Ox	of 201

Hi Area51, I admit I'm tempted to buy in too. I would think the company's assets should generate at least a $1/share in a 'fire sale'. One thing that concerns me about buying at the current price is 'the feeling' that I can buy it cheaper. The stock is very weak and continues to trend down. I think the company was a little more optimistic during the tough times then they should have been and they are being punished for this. I've been away on vacation and haven't had the time to dig into the guts of their current situation. Until I get the time to crunch the numbers and make a few phone calls, I will have to pass on this one for now. Best of luck with your purchase. My gut is that this company should be able to make it but I don't like investing on 'feelings'. JMO, Michael

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